Chinese Bitcoin Mining Giant Reportedly Files First US Crypto Mining IPO

A fresh report suggests that the Chinese Bitcoin mining behemoth Canaan Creative has submitted an IPO in the USA. This would make Canaan Creative the first Chinese crypto mining company to file for an IPO in the US. Some are speculating that this may be an example of crypto mining firms rebounding. Has Canaan Creative … Continue reading Chinese Bitcoin Mining Giant Reportedly Files First US Crypto Mining IPO

New Report Reveals Bitcoin Mining Revenue Is Turning Around, Starting Slow Recovery

New Report Reveals Bitcoin Mining Revenue Is Turning Around, Starting Slow Recovery

The past year has been a troubled one for the cryptocurrency mining industry. Now, however, a recent report from the cryptocurrency industry newsletter Diar has confirmed that Bitcoin mining revenues have started increasing. Bitcoin mining revenue recently hit an 18-month low Specifically, this comes as Bitcoin mining revenues hit an 18-month low this February. To … Continue reading New Report Reveals Bitcoin Mining Revenue Is Turning Around, Starting Slow Recovery

Bitcoin Mining Farms Lose Government Subsidies in Norway

Bitcoin Mining Farms Lose Government Subsidies in Norway

Crypto industry in Norway has been dealt a huge blow as the government moved to halt the electricity subsidies for the bitcoin mining companies. According to local media, the new state budget states that, starting from January 1st, crypto miners will have to pay the normal electricity tax. Bitcoin mining will not be profitable Currently, … Continue reading Bitcoin Mining Farms Lose Government Subsidies in Norway

Bitfury Debuts a New Generation Bitcoin Mining Chip

Bitfury Debuts a New Generation Bitcoin Mining Chip

The crypto mining industry has seen the one company dominance for quite some time, as Bitmain commands around 70 percent of the global market for BTC mining solutions. However, with the mining giant currently preparing for its IPO, other players are trying to raise the competition and earn their slice of the pie. Bitfury Group … Continue reading Bitfury Debuts a New Generation Bitcoin Mining Chip